Bitcoin just plunged 38% to $78,000.

Current prices: $BTC $78,000, $ETH $N/A, $BNB $N/A, $SOL $N/A with 0% 24h change.

The news reveals Bitcoin ETF holders stayed steady despite the drawdown, with $1.32 billion inflows in March and $2.42 billion in April, a significant reversal.

This steady demand is crucial as it indicates strong institutional support.

The steady inflows into US spot Bitcoin ETFs suggest a bullish outlook.

Support at $75,000, Resistance at $85,000.

Bearish signal, target $70,000.

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